Local pension funds largest net buyers in Colombian stock market

Local pension funds largest net buyers in Colombian stock market

Asset Management Capital Markets Equity Funds Colombia Latin America

Pension funds were the largest net purchasers of equities on the Colombian stock exchange, or BVC, in March, according to official stock exchange data, as investors fled emerging markets due to the growing coronavirus pandemic, which has spurred a global economic meltdown. Trading during the month in Colombia's stock exchange experienced three 30-minute suspensions on March 9, 12 and 18, due to a 10% fall in the Colcap index, and one full-day suspension on March 16 resulting from a 15% fall in t

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